Allenstown, QLD 4700: Suburb Profile & Property Report

Market Report

House report
Unit Report

In Allenstown, the median property price for a house is currently $375,000 with annual capital growth of 21.36% . There were 81 house sales in the past 12 months. On average, houses spend 14 days on market.

If you're thinking about buying an investment property in Allenstown, consider that rental yields for houses are currently 5.73% with an average median rent of $420 weekly. Houses have seen 10.46% growth in the past quarter, and 21.36% growth in the past 12 months.

The size of Allenstown is approximately 2.2 square kilometres. It has 6 parks covering nearly 7.7% of total area. The population of Allenstown in 2011 was 2,911 people. By 2016 the population was 2,801 showing a population decline of 3.8% in the area during that time. The predominant age group in Allenstown is 20-29 years.

Households in Allenstown are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Allenstown work in a professional occupation. In 2011, 49.6% of the homes in Allenstown were owner-occupied compared with 48.4% in 2016.

In Allenstown, the median property price for a unit is currently $279,000 with annual capital growth of -11.71% . There were 23 unit sales in the past 12 months. On average, units spend 32 days on market.

If you're thinking about buying an investment property in Allenstown, consider that rental yields for units are currently 6.76% with an average median rent of $365 weekly. Units have seen -1.06% growth in the past quarter, and -11.71% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$375,000	$279,000
Quarterly growth	+10.46%	-1.06%
12-month growth	+21.36%	-11.71%
Average annual growth	+13.40%	+4.17%
Weekly median rent	$420	$365
Gross rental yield	5.73%	6.76%
Number of Sales (12m)	81	23
Avg. Days on Market (12m)	14	32

Jump to Market Trends

Key Demographics	2011	2016
Total population	2,911	2,801
Population change (5y)	+6.94%	-3.80%
Median household income (p/w)	$907	$983
Household income change (5y)	+28.11%	+8.38%
Median age of persons	36	37

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Allenstown is $375,000 for houses and $279,000 for units.

The Median Growth in Allenstown over the past 12 months is 21.36% for houses and -11.71% for units.

Over the past 12 months there were 81 houses sold and 23 units sold in Allenstown. On average, houses spent 14 days on market and units spent 32 days on market.

In the past 12 months up to September 2024 there were 81 houses sold and 23 units sold in Allenstown. On average, houses spent 14 days on market and units spent 32 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Allenstown is $420 for houses and $365 for units.

The Rental Yield in Allenstown is 5.73% for houses and 6.76% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Allenstown was 2,801 in 2016, a -3.80% change compared to 2011.

The predominant age group in Allenstown is 20-29 years.

The population of Allenstown was 2,801 in 2016, a -3.80% change compared to 2011.

The predominant age group in Allenstown is 20-29 years.

Most of the population in Allenstown were born in Australia.

Most of the population in Allenstown report their religion as Catholic.

Most of the population in Allenstown report their income range as between $15,000 and $33,000 .

The median household income in Allenstown was $983 in 2016, a +8.38% change compared to 2011.

Most of the population in Allenstown report their income range as between $15,000 and $31,000 .

The median household income in Allenstown was $907 in 2011, a +28.11% change compared to 2006.

Most of the population in Allenstown work as Professional.

The chart below demonstrates the various levels of education in Allenstown.

Most of the population in Allenstown reached a qualification level of Certificate.

2011 2016

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